All I can say is, you don't need to panic looking at the share price.
I shared the mining life cycle graph on the other thread. SYA is past the economic feasibility period, meaning we're past the worst and only looking up from now on.
If you're not convinced, have a look at the past 3 years chart for AJM, the company which shared directors with SYA. How accurate is the life cycle guide?
Fundamental Analysis - SYA, page-270
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Last
3.4¢ |
Change
0.001(3.03%) |
Mkt cap ! $349.9M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.5¢ | 3.2¢ | $1.311M | 38.83M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2780304 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 10659292 | 48 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| SYA (ASX) Chart |